Genesee & Wyoming Inc (NYSE:GWR) Given Average Rating of “Hold” by Analysts

Shares of Genesee & Wyoming Inc (NYSE:GWR) have been given a consensus recommendation of “Hold” by the eleven brokerages that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $102.81.

Several research analysts have recently weighed in on GWR shares. Bank of America lowered shares of Genesee & Wyoming from a “neutral” rating to an “underperform” rating and set a $88.65 price objective on the stock. in a report on Tuesday, April 30th. Zacks Investment Research lowered shares of Genesee & Wyoming from a “hold” rating to a “sell” rating and set a $114.00 price objective on the stock. in a report on Tuesday, July 2nd. Stifel Nicolaus lowered shares of Genesee & Wyoming from a “buy” rating to a “hold” rating and set a $112.00 price objective on the stock. in a report on Monday, July 1st. ValuEngine upgraded shares of Genesee & Wyoming from a “hold” rating to a “buy” rating in a report on Friday, May 3rd. Finally, Cowen reiterated an “outperform” rating and set a $112.00 price objective (up from $96.00) on shares of Genesee & Wyoming in a report on Tuesday, July 2nd.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC grew its position in shares of Genesee & Wyoming by 482.0% during the second quarter. Advisory Services Network LLC now owns 291 shares of the transportation company’s stock worth $29,000 after buying an additional 241 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Genesee & Wyoming by 6.5% during the second quarter. Prudential Financial Inc. now owns 35,443 shares of the transportation company’s stock worth $35,000 after buying an additional 2,160 shares in the last quarter. Parallel Advisors LLC grew its position in shares of Genesee & Wyoming by 196.2% during the second quarter. Parallel Advisors LLC now owns 391 shares of the transportation company’s stock worth $39,000 after buying an additional 259 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Genesee & Wyoming during the second quarter worth approximately $54,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of Genesee & Wyoming during the second quarter worth approximately $56,000. 90.61% of the stock is owned by hedge funds and other institutional investors.

Shares of GWR stock traded up $0.12 during trading hours on Friday, hitting $109.99. 16,394 shares of the company were exchanged, compared to its average volume of 1,111,611. The stock has a market cap of $6.25 billion, a price-to-earnings ratio of 28.57 and a beta of 1.33. Genesee & Wyoming has a 1 year low of $68.27 and a 1 year high of $110.72. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.99 and a current ratio of 1.09. The business’s fifty day moving average price is $108.51.

Genesee & Wyoming Company Profile

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

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Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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